I used to launch my 92 Full weight LX at over 5000rpms with 15x8 ET Drags on 10 holes. This was with stock axels, posi, and T-5, with a 3.73 gear and never broke anything. On the other hand I had a friend with a 93' GT and snapped his axel on a drag radial with a basically stock motor.
Of course its a risk so it's really up tp you and how good your luck is 
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92' LX Hatch (New Combo Coming Soon) Long-Tubes, Off-road H-Pipe, Pro-Dumps, Auburn Pro, 373:1, Strange Axels c-clip elims, control arms, supersubs, 50/50's, Moroso rear trick springs, no sway bars, 5-Lug Pro-Stars 3 1/2", 8 1/2 26x10.5" MT ET streets, N20
91' LX 5.0 Convertable: CobraR Hood, Cobra Spoiler, Cobra R Rims
2001 Expedition: Brush Guard, Clear Corners, Gen 1 Tail Lites, Carbin Fiber Dash Trim, Billet Aluminum A/C Knobs, Flame Gauges
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